Stella McCartney's Smocked waist skirt for fall 2007 offers a sophisticated variation to the micro mini. The Charcoal high waisted wool flannel pencil skirt as large pockets on each hip, button fastenings on front, falls above the knee and is fully lined. $565.00

For 980,000kCartier's all diamond Ballon Bleu Watch could be yours. Cartier's Ballon Bleu Watch is also available cheaper variations - 19 versions to be exact. Features of the Cartier Ballon Bleu Watch include a sapphire cabochon crown which is incorporated into the rounded case, available in three sizes 42, 36.5, and 28.5 mm and in 18K white, pink or yellow gold and stainless steel with 18K yellow gold, sapphire crystals and the dial features a subtle "C" motif, writes Luxist.com

For Cruise 2008, Chanel presents the varnished bicolor Court shoes with a tennis type ankle strap. This 620 € pump is sporty while maintaining Chanel's chic allure, in the words of Karl Lagerfeld, if you're going to do sporty, why not do sporty chic. I could see these shoes paired with black dress short shorts and tiny black cardigan plus Chanel 's gold bag set to follow

In 2006, investment banker J. Christopher Flowers purchased the Harkness Mansion on East 75th Street for $53 million, Forbes reports . The 22,000-square-foot, neo-French Renaissance townhouse, built in 1896, was formerly owned by producers Jaqui Safra and Jean Doumanian, who purchased the home for 6.9 million in 1987.